By Chris Loh It seems like COVID-19 insurance cover is one of the latest travel trends. Middle Eastern carrier Etihad Airways is metaphorically ‘jumping on the bandwagon’ and offering coverage as well. The Abu Dhabi-based carrier is introducing COVID-19 insurance as part of its ‘Etihad Wellness’ program. “The safety, health, […]
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Finalists for 7th Middle East Insurance Industry Awards announced
A total of 41 insurers, brokers, risk managers, service providers and industry leaders have emerged as the finalists for the 7th Middle East Insurance Industry Awards. This year’s awards drew over 200 entries from the MENA region vying for the top honours in 16 categories. The finalists were shortlisted by […]
Abimbola Tiamiyu now CIIN DG as Borokini retires
Mrs. Abimbola Tiamiyu Leave a comment and share Chuks Udo Okonta The former Director of Examinations, Chartered Insurance Institute of Nigeria (CIIN) Mrs. Abimbola Tiamiyu, has resumed as the Director-General of the Institute as Richard Borokini, who joined the Institute in March 2016 had retired having served for four eventful […]
AIICO’s MD/CEO emerges winner in prestigious top CEO award
Fajemirokun Leave a comment and share Chuks Udo Okonta The Managing Director/Chief Executive Officer, AIICO Insurance Plc, Babatunde Fajemirokun, has emerged one of the winners in the prestigious Top CEO Award for 2020. A statement by the firm’s Head, Strategic Marketing & Communications, Segun Olalandu, said the award, jointly organised […]
Adeolu Adewumi-Zer to take over as MD/CEO of Allianz Nigeria
Leave a comment and share Chuks Udo Okonta • Adeolu Adewumi-Zer will take over as MD/CEO of Allianz Nigeria • She will continue to build and transform Allianz Nigeria into a company ready to secure the future of Allianz Africa stakeholders • Allianz Group obtains unanimous shareholder approval to purchase […]
Virtual insurance distribution platform opens
The Hong Kong Federation of Insurers has launched a virtual solution to enable distribution of long-term insurance products via video conferencing. Insurers, who choose this pre-vetted platform in their sandbox application for the distribution of long term insurance policies via video conferencing tools, will not need to go through the […]
African Alliance Board appoints Adekola as Acting MD/CEO
Olabisi Adekola Leave a comment and share Chuks Udo Okonta The Board of Directors of African Alliance Insurance PLc. has appointed Olabisi Adekola as the Acting Managing Director of the foremost insurer effective September 1, 2020. This follows the exit of the immediate past Managing Director of the company, Mrs […]
Dearth of professionals threatens multi-billion Naira marine underwriting
Leave a comment and share Chuks Udo Okonta The Marine Office Committee of Nigerian Insurers Association (NIA), has once again re-echoed that the dwindling knowledge of marine insurance in the market/need to be revamp to enhance technical knowledge of members. The Committee stated this in its 2019/2020 report presented and […]
PenCom, NAICOM to sanction PFAs, RLA providers for mis-selling, de-marketing, other infractions
From left: Acting Director-General, National Pension Commission, Mrs. Aisha Dahir-Umar and Commissioner for Insurance, Sunday Thomas at the signing off the Revised Regulation on Retiree Life Annuity, the Guidelines on Group Life Insurance Policy for Employees and CPS Retiree Pack in Abuja. Leave a comment and share Chuks Udo Okonta […]
UK:Motor claims plunge in 2Q2020
By Ranamita Chakraborty The number of motor insurance claims notified to UK-based insurers in the second quarter of the year fell as expected according to recent figures from the Association of British Insurers (ABI). The fall largely reflected the COVID-19 lockdown period, when far fewer vehicle journeys were made across […]
